M&A: Swiss Roche in talks to take over Japanese Chugai

FXStreet (Bali) - According to the Financial Times, in news published on August 17, Swiss pharmaceutical company Roche is set to offer $10bn to take full control of Japan’s Chugai Pharmaceuticals in a bid to expand its foothold in Asia.

The article adds that the Swiss company may announce a deal as soon as next week, an event that should be taken in consideration for those trading CHF and JPY, as flows could increase substantially when/if the deal materializes.

Aug 18, 2014

Push-me-pull-you Fed-speak – Rabobank

Analysts at Rabobank highlighted that Bullard stated that the markets are probably wrong to be discounting slower rate hikes than the Fed is forecasting.